How much can Canada fight back in its trade war with the US?
The US may be the bigger trading partner, but Canada shouldn't be counted out quite yet in the escalating trade fight.
Flight price rises due to 'foolish leaders' starting wars, Virgin's Branson says
Middle East tensions have choked the production and transportation of oil, causing a surge in the price of car and jet fuels.
Longtime Fox News host Maria Bartiromo disputes reports of termination
Maria Bartiromo, the longtime host of Fox News and Fox Business programming, has disputed reports she was fired from the cable TV networks.
Tesla's stock drops 6% as Cybercab update 'underwhelms' Wall Street
Tesla's long-awaited Cybercab update failed to dazzle investors.
Trump doubles down on threat to halt trade with top partners unless Fed cuts rates
President Donald Trump demanded that the Fed slash interest rates or else he will cut off trade with countries with which the U.S. maintains trade deficits.
'Reform broke no law': Nigel Farage responds to latest donation revelations – video
Nigel Farage tells Reform UK's annual conference in Birmingham that allegations broadcast by Channel 4 News that his party had breached political donation rules were made because 'they’re scared of us'. The party has suspended two senior officials after they were filmed in an undercover investigation appearing to plot to get around electoral laws on foreign donations Continue reading...
White House has vetted candidates for key CFTC vacancies, sources tell CNBC. It's unclear if they will be filled
Filling open commissioner positions at the regulatory agency has been a sticking point in negotiations over the Clarity Act.
Trump calls for interest rate cut after jobs figures raise hike bets
The president's remarks came as stronger-than-expected jobs figures added to growing expectations that rates could be increased.
U.S. payrolls rose 162,000 in August, much more than expected; unemployment rate at 4.1%
Nonfarm payrolls were expected to increase by 53,000 in August while the unemployment rate held at 4.1%, according to the Dow Jones consensus.
Have a little fun scamming the scammers | Letters
Gary Calder responds to an article by a Guardian Money reader who got even by stringing the fraudsters alongAnyone wishing to get their own back on bank-card scammers using the method described in your article (‘I’ve £80k in the account, here’s my pin’: turning the tables on the scammers, 29 August) might like to add a touch of realism to a made-up bank-card number by picking a known issuer identification number (the first six to eight digits) and ensure that the last digit conforms to the Luhn algorithm (it’s a check digit used to pick up errors in entering all the other digits). Further fun could be had by choosing an interesting postcode, such as SW1A 2AA (or 2AB – 10 and 11 Downing Street), SW1A 2JL (New Scotland Yard) or SL4 1NJ (Windsor Castle).Gary CalderChandler’s Ford, Hampshire• Have an opinion on anything you’ve read in the Guardian today? Please email us your letter and it will be considered for publication in our letters section. Continue reading...
The Guardian view on Reform’s funding scandal: Nigel Farage has questions to answer | Editorial
An undercover investigation raises issues around foreign money, political transparency and the rightwing populist party’s fitness for powerReform UK’s conference was to open showcasing a party ready for government. It did so with two top aides removed after an investigation aired on Channel 4, its finances under police scrutiny and seven in 10 voters, polls suggest, regarding its leader, Nigel Farage, as sleazy – double the number who thought the same of Andy Burnham. Reform, a rightwing populist party, says it will take power back from a corrupt establishment. The latest scandal raises a question: does Reform oppose the influence of big money – or just who benefits from it?Undercover reporters from Verbatim Investigations, founded by journalists from the US Center for Climate Reporting, pretended to be a wealthy American father and his UK-based son who wanted to donate to Reform. In the UK, foreign donations are banned from politics. But that allegedly was ignored. Verbatim’s team filmed their meetings with James Orr, a Cambridge academic specialising in ethics, and Reform’s head of policy, as well as with Dan Jukes, Mr Farage’s close aide. Both have been “removed” from their posts.Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here. Continue reading...
‘There’s no plan’: as instability in global bond markets rises, what are the knock-on effects?
From mortgages to inflation, concerns about the public finances of major economies have wide-reaching consequencesWhen Donald Trump was asked recently about the threat of rising interest rates on US government debt, he told baffled reporters: “The ultimate intervention is our military. And if we have to use that, we will.”Perhaps not surprisingly, his bellicose words did not soothe fractious bond markets, and his resumption of the bombing campaign against Iran only made matters worse. Continue reading...
1986: Manchester's second-hand fashion mecca
Designer Jeff Banks visited Affleck’s Palace, an indoor emporium selling vintage clothing.
Diesel hits record high as Ukraine and Iran wars knock out refineries, fueling inflation worries
Higher prices come as Ukraine pounds Russian refineries, forcing Moscow to ban diesel exports.
Deadly escalation in Black Sea attacks prompts fears of even higher food prices
Russian and Ukrainian strikes in July killed more crew than in whole war to that month, preventing grain exportsA summer of hostilities in the Black Sea proved deadly for seafarers, as Russia and Ukraine attacked each other’s ships and port infrastructure, preventing vital grain exports and prompting concerns that the conflict will push global food prices even higher.More crew were killed in the Black Sea in July than during the entirety of the war before that month as the conflict has intensified, making the body of water the most dangerous in the world for commercial shipping. This is despite the conflict between the US and Iran, with vessels still being targeted in the strait of Hormuz, Red Sea and Gulf of Aden. Continue reading...
Firmus Energy customers face price increase
Customers in the Ten Towns area will see a 8.98% increase and 12.5% for Greater Belfast.
Adobe names Anil Chakravarthy as CEO, replacing Shantanu Narayen
Adobe announced Anil Chakravarthy as its next CEO, replacing Shantanu Narayen, who announced his departure last March.
Nigel Farage meeting a 'shadowy foreign donor'? It can only be another establishment stitch-up | Marina Hyde
The only thing more dodgy than Reform’s financial dealings is the egregious lunchtime combination of oysters, Guinness and champagneHow many sarcastic air quotes is too many for quoting Nigel Farage’s suggestion that Reform have been ““““““““hoaxed”””””””” by some undercover investigators into appearing to seek to get round electoral law to bag a £500k donation from a foreigner, as well as commissioning off-the-books polling and failing to identify it to newspapers? I don’t feel eight was too many. I could run to nine. Amazing, really, that it’s been as long as a few weeks since Farage had a crash-out and forced a byelection. All any of us wants is for Nigel to once again resign after a staged shitfit and ask a few thousand members of the public to judge him.For whatever reason, though, the law of our country does not amount to an “ONLY THE PEOPLE OF CLACTON CAN JUDGE ME” tattoo, and so it is that as Reform’s conference gets under way today, the party has been reported to the police for allegedly using foreign money to fund its activities. It’s all based on a covert sting carried out by Verbatim – an investigative group founded by journalists from the non-profit Centre for Climate Reporting – and broadcast last night on Channel 4 News.Marina Hyde is a Guardian columnistDo you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here.What a Time to be Alive! by Marina Hyde (Guardian Faber Publishing, £20) is released in September. To support the Guardian, order your copy at guardianbookshop.com. Delivery charges may apply. Continue reading...
Populism poses serious challenge to independent central banks, Bailey says
Bank of England governor says central bankers must explain decisions or risk being seen as ‘unrepresentative elite’The governor of the Bank of England has said the rise of populist politicians presents a serious challenge to independent central banks.As Nigel Farage’s Reform UK gathered for its annual conference in Birmingham, Andrew Bailey said central bankers must be prepared to explain their decisions to the public or risk being attacked as an “unrepresentative elite”. Continue reading...
Zscaler beats earnings expectations, issues upbeat guidance but stock falls
CEO Jay Chaudhry said he's "very bullish" on Zscaler's agentic Zero Trust offering, which is gaining early momentum
UK petrol prices hit highest level since Iran war began
The price of unleaded hits 163p a litre, according to motoring group the RAC, as oil prices remain elevated.
Volkswagen plans 50,000 job cuts as analysts see ‘halo effect’ for German auto industry
Volkswagen shares jumped on Friday after it announced plans to slash a further 50,000 jobs as part of its transformation plan.
Lululemon stock plunges 20% on disappointing earnings and outlook
Lululemon posted another quarter of disappointing results and a sales slowdown as the company struggles to turn its business around.
US added 162,000 jobs in August, with unemployment rate holding steady
Number of new jobs being added has been fluctuating, with private companies adding 38,000 jobs in AugustThe US economy added 162,000 jobs in August, an uptick after a sluggish summer for the labor market.The unemployment rate held steady at 4.1%, still down from its most recent peak of 4.5% last November, according to new data from the Bureau of Labor Statistics (BLS). Despite the relative stability of the unemployment rate, the number of new jobs added to the economy has been fluctuating, going from 214,000 in March down to a 21,000 gain in July and then back up in August. Continue reading...
World's biggest sovereign wealth fund plans to cut U.S. Treasury holdings
Norway's $2.3 trillion investment fund says it can diversify into new areas with greater risk and returns.
U.S. 'Economic Outcast’ operation gains momentum as EU joins sanctions; South Korea weighs military backing
The EU formally joined the U.S.-led sanctions campaign against Iran, while South Korea said it's weighing a military role to help reopen the Strait of Hormuz.
A storm destroyed her tea factory. One Canadian friend kept the business alive 2,300 miles away
Two businesswomen made a promise to each other, and after two years of support, the Asheville Tea Company in North Carolina will reopenWhen Jessie Dean and Alexandra Sangster met in the summer of 2024, they made a pact. The two women both ran tea companies – Dean’s Asheville Tea Company in North Carolina and Sangster’s Sarjesa, more than 2,300 miles away in Calgary, Canada – and they pledged to support each other if their businesses ever needed it.“The first time I spoke to her, I was like, ‘If something happens to your teabag machine, I’ll make your tea,’” Sangster said. “And if something happens to mine, you can make my tea.” Continue reading...
Xbox caps cloud gaming at 15 hours a month for Game Pass subscribers
Xbox said the limits were due to the rising cost of cloud gaming, and would allow it to invest more in its performance
Why Nvidia's 'defensive move' to acquire Hugging Face is about much more than chips
Nvidia’s $12.9 billion Hugging Face deal could protect its open AI ecosystem, deepen ties with developers and keep the platform from rivals.
‘They disturb the game’: how betting fans are taking over tennis courts
Jeering and heckling are increasingly commonplace, even at grand slams, as spectators try to influence matchesMidway through the first week of the US Open a couple of years ago, Jiri Lehecka’s attempts to find his form were disrupted by incessant taunting from a spectator close by. “There was a guy who sat just behind my bench on a smaller court, court four, and he was talking to me basically for the first three sets, like non-stop,” Lehecka says. “He was talking to me like: ‘You can’t do it. You are tired. He’s better than you are.’”Lehecka maintained his composure and closed out the match, but even as he focused on navigating the intense stress of competition, he believed he understood this spectator’s motivations. The spectator, he thinks, was not there just to cheer for his favourite player: he was a bettor who had put money on Lehecka to lose. He had entered court four solely to influence the outcome of the match. Continue reading...
US diesel prices hit an all-time-high
Fuel prices have soared since the Iran conflict began at the end of February, mirroring the surge in wholesale oil prices.
Stock up on food to prepare for extreme weather, minister says
Dame Angela Eagle warns the weather event could lead to extreme storms this winter.
It’s time for Mark Zuckerberg to resign from Meta | Joan Donovan
The CEO is the throughline in a history of billion-dollar blunders that have caused real harm, culminating in last week’s settlementLast week, Meta, the parent company of Instagram and Facebook, agreed to a settlement of up to $18bn after dozens of US states accused it of harming children with addictive products. The settlement’s regulatory implications for social media will affect every user, far beyond teens.But if Meta is truly interested in prioritizing the safety of users, the board should request the resignation of Mark Zuckerberg and restructure to put safety above profit. Continue reading...
Private equity faces existential crisis in US as unsold companies pile up
Private equity firms and the companies they own employ over 13 million, from startups to rural hospitals and large retailers, but experts’ concerns of collapse are growingRetail stalwarts Saks and Eddie Bauer filed for bankruptcy. Kmart and JoAnn Fabrics are gone for good, a trail of layoffs and disappointed customers in their wake. Hospital giant Steward Health Care collapsed, costing thousands of jobs and leaving several communities without a local hospital.These once-trusted US companies have one thing in common: they were owned by private equity investors, who load companies with debt when they buy them and squeeze out profits as they restructure. Continue reading...
Thieves target mail order sales as Pokémon card prices soar
As one card recently sold for £12m, opportunistic thefts have surged – envelopes are being opened en route, costing small businesses thousandsPokémon’s success over the last 30 years has seen it grow from a much-loved Game Boy classic, to a world-dominating brand with TV shows, spin-off games, toys and even a theme park. The trading card game is a huge part of that, with more than 85bn cards printed over its lifetime, and the appetite for them shows no signs of slowing down. Packs get snapped up after release so quickly it’s now almost impossible to find them in shops, and a booming resale market is driving the hobby into murky waters.One card recently sold for an eye-watering £12m, and an increasing number of people have gotten into the collecting business on the hunt for huge profits, leading to a rise in thefts targeting card shops. More recently though, some small businesses have reported that their sales have been hit by thieves targeting envelopes within Royal Mail, leading to thousands in lost revenue. Continue reading...
Nvidia's investments grow to $99 billion as chip giant becomes major backer of AI companies
Nvidia reported $99 billion in equity holdings as it backs AI labs, cloud providers and infrastructure companies across the sector.
UK pubs take a tip from America: the Stephen Collins cartoon
Continue reading...
Health-tracking smart ring maker Oura to list on US stock market
Valuation above $11bn expected for firm whose fans include Prince Harry, Jennifer Aniston and Kim KardashianFans of Oura are accustomed to using its trendy smart rings to fastidiously monitor their health but now investors are preparing to track a new metric: its share price.The company’s filing to list imminently on the Nasdaq stock exchange in New York was made public on Thursday. Continue reading...
Mum says 'no fat left to trim' on household costs amid 42% rise in water bills
Water companies were given the green light to increase bills for customers earlier this month.
‘Astronomical’ fuel price surge hits farmers in UK and US
Intensification of Middle East conflict and ongoing Russian export ban leads to diesel prices rising 10% in less than a weekFarmers are facing an “astronomical” jump in the price of fuel needed to operate their vehicles and machinery after a surge in diesel costs in the UK and the US.Renewed fighting between the US and Iran has driven up the price of crude oil, while last week Russia extended a ban on diesel exports, further pushing up market prices. Continue reading...
Britain’s schools are failing its young people – and 1m Neets are paying the price | Simon Jenkins
Obsessed with exams, devoid of vocational training: there is a total mismatch between schools and life beyond their gatesBlame the schools. Alan Milburn’s report on Neets, published in May, was one of the most damning comments on the welfare state I have read. It described a new generation of a million mostly poor Britons now encouraged to fare worse, not better, than their parents. This means, said Milburn, that “the great British promise” – the advance of generations – is being broken. A sizeable chunk of the population is going backwards.The number of young people not in education, employment or training – one in eight of all 16- to 24-year-olds – is rising fast and will be 1.25 million by 2030. More than 80% of them claim to want to find a job, education or training. A third even have “good GCSEs”, but 44% of them are on state benefits, now costing £8.1bn. Many of them suffer from anxiety and other disabilities, according to the NHS. The number of young people with special educational needs has doubled in 10 years. Mental ill-health is bordering on pandemic levels.Simon Jenkins is a Guardian columnist Continue reading...
Broadcasters and governing bodies make tax plea for TV coverage of women’s sport
Letter sent to chancellor, John Healey, on Friday‘Audience demand for women’s sport is growing’The chief executives of the Football Association, Rugby Football Union and England and Wales Cricket Board have joined forces with leading broadcasters and YouTube in writing to the chancellor requesting tax credits for production companies to help deliver more television coverage of women’s sport.In a letter signed by 25 representatives of the country’s biggest sports and broadcasters, including Sky Sports and ITV, the government is urged to extend to women’s sport production the audio-visual expenditure credit scheme that provides tax relief to independent films and children’s television. Continue reading...
How will bond market turmoil affect your mortgage, pension and savings in UK?
Sell-off raises concerns of higher borrowing costs for households. Here’s what it could meanThe bond market sell-off has sparked fresh fears of higher borrowing costs for UK households. We look at what the turmoil in financial markets could mean for your mortgage, pension and savings. Continue reading...
Jackdaw gasfield set to be approved by ministers this month, sources say
Energy secretary could recommend new North Sea drilling next week, as ministers also consider approval for Rosebank oilfieldMinisters are poised to approve a controversial new gasfield in the North Sea this month, according to government sources, and are considering approving a major oilfield later this year.Miatta Fahnbulleh, the energy secretary, will give her recommendation to approve the Jackdaw field off the coast of Aberdeen as soon as next week, according to people close to the decision, and the formal approval could follow a week after. Continue reading...
Argentina's Milei escalates Falklands dispute as Trump questions U.S. support for Britain
Argentina's President Javier Milei has renewed the country's claim to the Falkland Islands and threatened sanctions on oil companies.
Global bond sell-off likely not over yet, Mohamed El-Erian tells CNBC
In a wide-ranging interview, the renowned economist also said the U.S. Treasury had taken "a step too far" with its market intervention.
Prosecco, cakes and beauty products - how to get birthday freebies and why there's a catch
Cake, coffee, make-up and burgers are just some of the free things you can get on your birthday.
The inflation genie could be out of the bottle — and bond markets are sounding the alarm
Global bond yields have surged as investors assess whether rising debt, tariffs, defense spending and energy shocks could keep inflation higher for longer.
Volkswagen board approves plan to cut another 50,000 jobs
The group - which includes Audi, Porsche, Skoda as well as the VW brand - plans to cut a total of 100,000 posts by 2030.
Argentine leader threatens to sanction oil firms and reiterates Falklands claim
Javier Milei reiterates his country's claim on the British overseas territory, saying the "winds of change" favour it.
CNBC Daily Open: Vance says he would not call Trump's war with Iran a 'war'
U.S. Vice President JD Vance weighs in on Iran and rates, while investors turn their focus towards the August jobs report, due out on Friday.
Save the Children aid for 1.5 million in need wiped out by Iran war oil shock
Charity says extra delivery costs equivalent to 47 health clinics in Afghanistan operating for six monthsThe charity Save the Children has said the oil price shock unleashed by Donald Trump’s war on Iran is forcing it to “spend more to reach fewer children”.The NGO analysed the increased costs of transport, fuel, food and medical supplies as a result of the Middle East conflict. Continue reading...
Revealed: how companies ‘secretly’ use billions of litres of public water in drought-hit England
Exclusive: As millions of people face hosepipe bans, many companies are not required to report, let alone cut, use of public supplyLess than 1% of businesses in England use more water than the daily needs of 10 million people, as millions of households face hosepipe bans and three-quarters of the country is in drought.Businesses across England use 2.6bn litres a day from the public water supply, which includes potable and non-potable water provided by water companies. In total, businesses account for about 30% of public supply use, with two-thirds of their consumption in water-stressed areas, according to Mosl, the organisation that operates England’s business water market. Continue reading...
Homes for sale minutes away from a train station in England – in pictures
From a period cottage in Oxford with its own blue plaque, to a quiet leafy pocket in a bustling area of London Continue reading...
Controversial Jackdaw gas field set to be approved in weeks, sources say
The government is set to give the go-ahead for the gas field off the coast of Aberdeen, the BBC understands.
Would you lie to get a birthday freebie?
We ask people in London if they would fib about their birthday to get a free treat from a shop or restaurant.
India’s June quarter GDP print is courting controversy. Here’s why
India's forecast-beating economic growth has come under scrutiny after a former government official claimed that the GDP print is overstated.
From 'dog fruit' to darling: India's avocado boom
Demand for avocados is booming in India and local growers hope to grab more of the market.
‘Capitalism is dying’: in Luton, these former car workers have a moral tale for our times | Aditya Chakrabortty
Abandoned by the company they worked for, let down by Labour and their unions – now they watch their friends turn to Reform for answersAfter everything, why would anyone still back Nigel Farage? In some of the comments below my piece last week about Reform UK, I spot the usual answers: Farage’s supporters are dim, racist, deplorable. Yet away from Westminster and the news cycle, Reform voters are being manufactured – not with headlines or crypto funds but through the failure of institutions they once trusted to protect them. To see what I mean, leave SW1 and go 40 miles up the road, to Luton.In a deserted hotel bar, five men are reminiscing about how their world ended. Their minds are on a Friday afternoon in March last year, as the place where they had worked for two or three decades apiece, making friends and even meeting future wives, is about to shut for good. Continue reading...
Air pollution from ships may be more harmful than road traffic emissions, port study finds
Scientists say ultrafine particles in cruise ship emissions associated with reduced ability to resist common virusesMore than 2.5 million cruise passengers travelled through Southampton in 2025. It is also the UK’s leading vehicle and deep-sea trading port. You can see the ships and port machinery from miles around. All of this is downwind of a city of 260,000 people.A team of 32 researchers began investigating air pollution from the docks in 2018. Their research has revealed that the types of air pollution that come from ships may be more harmful than those from road traffic. Continue reading...
Shein has made a shaky stock market entry. Can it get its mojo back?
Shein’s Hong Kong IPO puts the focus on how the fast-fashion retailer can reaccelerate growth as its low-cost model faces new pressures.
South Korea's AI rally is reshaping romance, reality shows and academic preferences
South Korea rally is changing what Koreans watch, how Koreans date, and what Koreans study.
A 'shakeout' in early-stage AI may be coming as VC money gets pickier on valuations
Investors should keep an eye out for excessive valuations and focus on productivity when it comes to investing in AI companies, market watchers say.
'I lost my savings after a job interview scam'
Jobseekers, especially Gen Z, are being targeted with fake, booby-trapped recruitment apps.
Is India's internet boom running into an undersea problem?
At least 13 of India's 18 intercontinental cables come ashore within six kilometres of Mumbai's Versova beach.
OpenAI begins rolling out Astra model after warning of its advanced cyber capabilities
OpenAI said companies participating in its application-based cybersecurity program will be first to get access to Astra.
Automakers urge Congress to permanently ban Chinese connected vehicles in U.S.
Major automakers in the U.S. are urging Congress to ban the domestic sale, import and manufacturing of Chinese connected vehicles, hardware and software.
Carney claps back at Lutnick, says Canada will resume trade talks 'when the Americans are ready'
Canada has retaliated against President Donald Trump's 50% tariffs with "dollar for dollar" duties on U.S. goods, which are set to take effect next week.
Business Daily
Rising bonds yields and growing government debt could see interest rates start to rise
UK mortgage borrowers brace for rate jump amid global bond sell-off
Swap rates rise to three-year high as increase in oil prices leads to fears of higher inflationBusiness live – latest updatesHomeowners in the UK are braced for a jump in mortgage rates, driven by higher inflation and interest rate increase expectations amid turmoil in the global bond markets.UK swap rates, which lenders use to price mortgages, have risen to a three-year high, as this week’s global bond market sell-off ripples through the economy. Continue reading...
How climate denialism finds its way to the US 's highest office – video explainer
Although it's scientific consensus that the climate crisis is happening, climate change denialists have found support in the highest office during the second Trump administration and significantly influenced current climate and environment policies. The Guardian's fossil fuel and climate reporter Dharna Noor explains why such rhetorics could be dangerous for our planet Continue reading...
Nvidia strikes $12.9bn deal to buy AI platform Hugging Face
The deal gives Nvidia control of a leading open-source AI platform and developer community.
Badly parked ebikes in London are a menace – but other cities have shown us the solution | Agustin Guilisasti
Paris converted tens of thousands of on-street parking spaces into docking stations, fundamentally changing its approach to public spaceAgustin Guilisasti is founder and CEO of the London ebike operator ForestShared ebikes have become a key part of London’s transport network. From Hounslow to Greenwich, it’s rare to step on to the street without seeing one, and they now facilitate millions of journeys every month. Forest recorded 3m rides this July alone, a new high. Demand keeps rising, and operators are logging ever-higher ride-per-bike ratios, a key measure of how intensively fleets are being used.This is good news for London, which gains a cleaner, healthier and more sustainable way to get around – one that eases reliance on private car ownership. And, with new research revealing that air-quality improvements driven by the ultra-low emission zone (Ulez) have led to better lung health in children, the benefits of reducing polluting journeys are increasingly clear.Agustin Guilisasti is founder and CEO of the London ebike operator Forest Continue reading...
Trump $1 coin makes him first living president on US currency in a century
The US Mint special edition is stamped with a portrait of Trump alongside the words "LIBERTY" and "IN GOD WE TRUST"
Households warned gas price spike could pile fresh pressure on energy bills
Experts warn low storage levels could push up gas prices further, leaving households with higher bills.
B&Q and Five Guys among firms that paid staff below minimum wage
More than 600 companies underpaid staff, with £4m returned to workers, according to the government.
The plastic waste overtaking New York – and the people trying to curb it
From New York to Quebec, photographer Bryan Anselm spent months capturing spaces overrun with plastic and the actions individuals and groups are taking to reduce wasteIn New York City, the plastic we discard has a way of remaining in plain sight. There are few alleys to hide residents’ refuse, and the clear recycling bags leave their contents on full display. In a city built on a dense grid, lightweight wrappers, bags and bottles spill from overflowing bins and skitter down sidewalks, collecting in gutters and corners before the wind carries them on.All that plastic is a layer of the urban landscape, as familiar as subway grates and fire escapes, revealing a messy and unflattering aspect of city life. “Garbage is not what we cast out, but the prime locus of meaning in our lives,” the character Nick Shay says in Don DeLillo’s Underworld. Continue reading...
UK homeowners: has the hot weather damaged your property?
Are you dealing with subsidence or other issues caused by the hot weather? During a dry spell, such as the successive heatwaves that affected some parts of the UK this year, houses built on clay-rich soil suffer as moisture is sucked away by trees and bushes. This causes the clay to shrink and foundations to drop, causing structural problems.We would like to speak to homeowners who are dealing with damage to their homes which is likely to have been caused by this year’s extremely hot, dry weather. Continue reading...
Almost half of households do not see benefits of economic growth, report says
Analysis has found a "stark" gap in the spending power of households in the north and south of England on average.
Hundreds of North Sea workers too heavy for new helicopter rules
Workers should weigh no more than 19.5st fully clothed so that they can be winched to safety in an emergency.
Heathrow expansion an 'outdated' risk, mayor says
Sir Sadiq Khan is repeating his opposition to a third runway in response to a government consultation.
China's slowdown pushes New Zealand exporters to diversify away from their top buyer, RBNZ official tells CNBC
New Zealand exporters are diverting shipments bound for China to new markets, as demand from the country's top buyer cools, a central bank official tells CNBC.
The world appears to be entering a higher-rate era. Here’s who will pay the price
The bond sell-off is owed to a mix of high government debt issuance, an oil-price shock that has reignited inflation concerns, and expectations of higher rates.
‘A crisis of authenticity’: the truth about food influencers
Instagrammers have upended the British restaurant scene, and amassed followings in the millions. But has their moment already passed?In 2017, two aspiring YouTubers going by the name Topjaw published a video posing the London foodie’s most important question: what to eat in Chinatown? They enlisted the help of longtime Instagrammer Kar-Shing Tong (better known by his username @ks_ate_here), who took them on a lovingly curated loop of the neighbourhood. Cantonese siu mei duck at Four Seasons, Chongqing-style handmade noodles at the now defunct Little Wooden Hut, and Barshu on Frith Street, where they decadently cracked a whole crab for the camera. Any of the 100,000-odd viewers who watched it at the time would be well served by its responsible (if unspectacular) recommendations. But in retrospect, the video may be of more interest to historians. In its unassuming and rapidly cut seven minutes, you can almost see the tectonic plates of the food world begin to shift.Tong is the elder statesman: the @ks_ate_here account began in the social media dark ages, first on Twitter then on an Instagram that was dominated by static photography. He’s in his element in the video, dutifully explaining the history and technique behind the dishes. He is relaxed and affable in front of the camera, but in his own work he doesn’t show his face often – it just wasn’t the style. Topjaw is something different. Nine years ago, it was still embryonic: host Jesse Burgess sweating profusely at any hint of chilli, cameraman Will Warr unable to use chopsticks. But the formula was there. The constant checking in to see if what they’re eating truly is “the best”. Even doubled over from the heat of a spicy fish soup, Burgess’s eyes always find the camera. He holds out food for inspection and addresses the imagined viewer. The audience is out there. “KS has 40,000 Instagram followers! 40,000!” Burgess says, pointing at Tong with aspirational glee. Continue reading...
Why Hilton calls this Asian country the fastest-growing tourism market
Hilton says one Asian country is the most exciting global tourism market as regional travel surges.
Inside India newsletter: India’s economic growth is smashing forecasts, but its biggest stocks aren't feeling the love
India's strong economic growth has surprised every quarter for the last year, but the performance of its key stock benchmarks has been deeply disappointing.
Who is Alejandro Betancourt, colourful oil baron behind US-Venezuela oil deal?
The 46-year-old figure of international intrigue has an apparent knack for being in the right place at the right time.
Uber launches UK's first robotaxis with a driver - here's what it's like to ride in one
The ride-hailing app has launched 15 self-driving taxis, but they will have safety drivers inside.
Stingy bosses and spare change: How much should you give to the office whip-round?
Office whip-rounds are a staple of working life but they can raise a lot of awkward questions.
How Victoria Beckham turned her fashion firm around and made it profitable
The pop star formerly known as Posh Spice has taken nearly two decades to turn a profit.
Why wait? Business grads buying firms to install themselves as CEO
Impatient to be the boss of an established company they are borrowing money to fund their purchases.
Uber to cut over 3,000 jobs in major global restructuring
The company says cutting roles would make its operations "simpler and faster".
Faisal Islam: Why bond market wildfire is keeping world leaders up at night
Huge AI spending plans and the ongoing war in Iran are driving up borrowing costs around the world.
Taxing the banks: what Europe’s windfall levies brought in as Burnham eyes his next move
Ahead of a crucial budget, four countries’ experiments offer a mixed verdict on how to tax bumper profits The countdown is on. Two months out from Andy Burnham’s inaugural autumn budget, bank executives are wringing their hands over whether the government will target their bumper profits with fresh taxes.The chancellor, John Healey, is reportedly considering a windfall tax on both banks and oil companies in the late October Westminster setpiece. Continue reading...
Freelancers are getting buried with ‘soulless’ AI slop cleanup: ‘It’s a shame we need to do it’
As more companies turn to AI, they’re hiring freelancers to clean up its mistakes rather than create original workLisa, a freelance graphic designer based in Spain, noticed a shift in her work after the release of ChatGPT in 2022. She went from receiving slow one-off jobs creating logos and packaging to an onslaught of requests asking her to fix versions that were generated by artificial intelligence – from sharpening fuzzy images for printing to turning flawed designs into usable files.By 2025, Lisa, who asked not to be fully named to avoid solicitations, said 90% of her incoming logo and packaging design requests required cleaning up AI-generated content, work that accounted for 60% to 70% of her annual income. But the grind was exhausting. Clients lowballed her;' some AI-generated designs were so flawed that she had to recreate them from scratch and she worried about being complicit in AI-driven copyright infringement. By the end of the year, she began turning those jobs down. Continue reading...
This data has helped fight workplace discrimination for 60 years. The Trump administration plans to delete it
Enforcing civil rights without these reports will be difficult for the Equal Employment Opportunity Commission, pushing US agency closer to Trump’s agenda, experts warnThe US civil rights agency mandated to protect equal rights for workers is set to stop collecting data on the demographic makeup of companies – which for the past six decades has been used to enforce anti-discrimination laws.The move marks a fundamental shift for the Equal Employment Opportunity Commission (EEOC). Without this data, it will be much harder for the agency to identify widespread cases of discrimination in hiring and promotions, experts and former employees of the commission say. And, they warn, it will bring the Trump administration one step closer to reshaping the commission from an independent watchdog into an arm of the executive branch narrowly focused on advancing the political grievances of Donald Trump’s base. Continue reading...
Britain is OK with public ownership, but only by foreign powers. Why?
Arthur Downing, author of Power and the People: A History of British Energy, says all-encompassing rapid transition will need a mutualised systemHave you ever wondered why it is that most houses in the UK are reliant on gas boilers? Not what’s stopping more people from replacing them with heat pumps, but instead why and how the gas boiler became so ubiquitous in the first place?Arthur Downing, the author of the new book Power and the People: A History of British Energy, can tell you exactly why. “We only have boilers in our houses because of a state-owned enterprise that went into everybody’s home and installed natural gas-suitable appliances at no direct cost,” he says. The nationalised gas industry of the 1940s to the 1980s, which oversaw this huge project, was for three decades one of the “most dynamic, innovative, efficient industries in Britain”, Downing says. Yet few of us would use these terms to describe it as such now. Continue reading...
Scaramucci says he had 'Potomac fever' in the White House — and Bessent and Lutnick have it too
"You think you're smarter than the people that live in Washington, but Washington changes you, you don't change Washington," Anthony Scaramucci told CNBC.
'My parents won't lend me £10k but helped my brother': When families play financial favourites
So-called financial favouritism can cause jealousy and resentment long into adulthood. Here is how experts say you can avoid it
Overcooked? Why robotic pizza makers are failing
A string of failures has sapped confidence that robots will take over production at pizza restaurants.
How Dolly Parton's business savvy helped her succeed far beyond the charts
While country music and films brought her fame, her entrepreneurial zeal brought her fortune.
Firms scramble for battery power in Spain and Portugal
After last year's massive power failure Spanish and Portuguese firms are buying battery back ups.
Drought leaves 'barely any apples' to make cider
Some orchards are harvesting just a 10th of their usual crop, and facing an uncertain future.
'What you see is what you pay' - why some US restaurants are banning tips
Tips are central to US dining culture but some eateries think that they are unfair.
How landscape gardening is being electrified
The switch to quieter electric equipment is not going as fast as some would like.
Why the UK is dithering over what to do about e-scooters
Why is it taking so long for the government to regulate them, and what are the consequences of delay?
Why Gen Z are planning for life without a state pension
Many younger people do not believe the state pension will exist when they are older
The furious dispute over what caused Air India flight 171 to crash
The final conclusions of the investigation have yet to be published, although more could become apparent in the coming days.
How the High Street became a window on our political instability
High Streets have declined in recent years. What does this tell us about the UK?
The £5 coffee that tells a story of global economic turmoil
Coffees at some city centre outlets now cost £5. It's a story of tariffs, the climate, Gen Z cultural tastes, and savvy coffee farmers playing the market, writes Faisal Islam
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